View Financial HealthPSI Software 配当と自社株買い配当金 基準チェック /06PSI Software現在配当金を支払っていません。主要情報0%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回り1.3%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向0%最近の配当と自社株買いの更新Upcoming Dividend • May 17Upcoming dividend of €0.40 per share at 1.3% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.6%).Upcoming Dividend • May 13Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (2.0%).Upcoming Dividend • May 13Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 25 May 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).すべての更新を表示Recent updatesPrice Target Changed • May 21Price target increased by 8.4% to €45.00Up from €41.50, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €45.30. The company is forecast to post a net loss per share of €1.40 next year compared to a net loss per share of €1.40 last year.お知らせ • Oct 13Warburg Pincus LLC proposed to acquire an additional 82.23% stake in PSI Software SE (XTRA:PSAN) for approximately €570 million.Warburg Pincus LLC proposed to acquire an additional 82.23% stake in PSI Software SE (XTRA:PSAN) for approximately €570 million on October 13, 2025. A cash consideration valued at €45 per share will be paid by Warburg Pincus LLC. As part of consideration, an undisclosed value is paid towards common equity of PSI Software SE. The Management Board and the Supervisory Board of PSI support the Offer and intend, subject to their review of the Offer Document yet to be published by Warburg Pincus as part of their fiduciary duties, to recommend the acceptance of the Offer to PSI's shareholders. The Offer will be subject to a minimum acceptance threshold of 50 percent plus one share with the shares owned by E.ON being considered for purposes of such threshold and usual Offer conditions, including the receipt of regulatory clearances with closing expected in first half of 2026. The transaction is fully funded with equity and debt financing in place. The final terms and conditions will be set out in the Offer Document, which is subject to permission by BaFin. Goldman Sachs Bank Europe SE acted as financial advisor for PSI Software SE. Linklaters Oppenhoff & Rädler acted as legal advisor for PSI Software SE. J.P. Morgan SE acted as financial advisor for Warburg Pincus LLC. Kirkland & Ellis, Germany acted as legal advisor for Warburg Pincus LLC.お知らせ • Oct 11PSI Software in Talks over Takeover OfferGerman software solutions maker PSI Software SE (XTRA:PSAN) is in advanced discussions over a potential takeover offer with three parties, the company said on October 10, 2025, confirming a media report. PSI said it is in talks with private equity firms Thoma Bravo (Thoma Bravo, L.P.), HgCapital (HgCapital LLP) and Warburg Pincus (Warburg Pincus LLC) regarding an investment agreement. It is currently not clear which of the interested parties will make a takeover offer and whether an offer will be made at all.お知らせ • Apr 11PSI Software SE, Annual General Meeting, May 20, 2025PSI Software SE, Annual General Meeting, May 20, 2025, at 10:00 W. Europe Standard Time.お知らせ • Mar 27PSI Software SE Provides Earnings Guidance for the Year 2025PSI Software SE provides earnings guidance for the year 2025. For the year, the company expects growth in new orders and sales of around 10%.お知らせ • Mar 23PSI Software SE to Report Fiscal Year 2024 Results on Mar 27, 2025PSI Software SE announced that they will report fiscal year 2024 results on Mar 27, 2025お知らせ • Mar 22+ 2 more updatesPSI Software SE to Report First Half, 2025 Results on Jul 31, 2025PSI Software SE announced that they will report first half, 2025 results on Jul 31, 2025お知らせ • Mar 07Altamount Software GmbH completed the acquisition of PSI Transcom GmbH from PSI Software SE (XTRA:PSAN).Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on December 21, 2024. The parties have agreed not to disclose the purchase price of the transaction until the closing of the share transfer. Closing of the transaction requires the approval of the Federal Ministry for Economics Affairs and Climate Action. The transaction is expected to complete in first quarter of 2025. PricewaterhouseCoopers Transaction Services Germany acted as financial advisor and PricewaterhouseCoopers Legal Aktiengesellschaft Rechtsanwaltsgesellschaft acted as legal advisor to PSI Software SE. Altamount Software GmbH completed the acquisition of PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on March 5, 2025.お知らせ • Dec 23Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN).Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on December 23, 2024.お知らせ • Nov 11PSI Software SE Appoints Georg Tacke to the Supervisory BoardPSI Software SE announced that following the proposal of supervisory board and management board, Dr. Georg Tacke has been appointed as supervisory board member by the Local Court of Berlin-Charlottenburg (Amtsgericht Berlin-Charlottenburg) with immediate effect. It became necessary after the long-standing Chairman of the Supervisory Board of PSI Software SE, Mr. Karsten Trippel, was no longer available for a further term on the Supervisory Board. Dr. Georg Tacke was CEO of the management consultancy Simon-Kucher & Partners from 2009 to 2019 and is currently a Senior Advisor to the company. He has more than 30 years of consulting experience, primarily in the B2B sector. His areas of expertise include growth strategy, sales and pricing. He is well known as one of the top pricing experts and supports numerous CEOs and management boards as a personal consultant and coach. Dr. Georg Tacke holds a Master's degree in business administration and a PhD from the University of Bielefeld. He also studied and conducted research as a visiting scholar at the Stanford Business School.Reported Earnings • Nov 01Third quarter 2024 earnings released: €0.12 loss per share (vs €0.088 profit in 3Q 2023)Third quarter 2024 results: €0.12 loss per share (down from €0.088 profit in 3Q 2023). Revenue: €72.3m (up 11% from 3Q 2023). Net loss: €1.86m (down 237% from profit in 3Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • Sep 11Second quarter 2024 earnings released: €0.40 loss per share (vs €0.80 loss in 2Q 2023)Second quarter 2024 results: €0.40 loss per share (improved from €0.80 loss in 2Q 2023). Revenue: €64.4m (up 5.5% from 2Q 2023). Net loss: €6.19m (loss narrowed 50% from 2Q 2023). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.お知らせ • Aug 30PSI Software SE Provides Earnings Guidance for the Full Year of 2024PSI Software SE provided earnings guidance for the full year of 2024. The Executive Board expects, taking into account the negative effects of the cyberattack, a reduction in sales of around EUR 20 million to EUR 30 million and a negative operating result in the upper single-digit to lower double-digit million range for the full year.お知らせ • Jul 30PSI Software SE Announces Appointment of Uwe Hack as Its New ChairmanThe Supervisory Board of PSI Software SE has elected Dr. Uwe Hack as its new Chairman at its constituent meeting following today's Annual General Meeting. Dr. Hack succeeds Mr. Karsten Trippel, who was no longer available for a further term on the Supervisory Board.お知らせ • Jul 26PSI Software SE Announces Retirement of Karsten Trippel as Chairman of the Supervisory BoardPSI Software SE announced the current chairman of the supervisory board of the company Mr. Karsten Trippel, will not be available for a further term of office on the supervisory board. The Supervisory Board's proposed resolution on agenda item 6.1 to elect Mr. Trippel to the Supervisory Board for a further term of office at the upcoming Annual General Meeting of PSI on July 26, 2024 will therefore not be put to the vote. Mr. Trippel's current term of office until the end of the Annual General Meeting on July 26, 2024 and his current chairmanship of the Supervisory Board remain unaffected by this.Price Target Changed • Jul 01Price target decreased by 7.4% to €30.18Down from €32.58, the current price target is an average from 6 analysts. New target price is 39% above last closing price of €21.70. Stock is down 33% over the past year. The company is forecast to post a net loss per share of €0.59 next year compared to a net loss per share of €0.047 last year.お知らせ • Jun 20PSI Software SE, Annual General Meeting, Jul 26, 2024PSI Software SE, Annual General Meeting, Jul 26, 2024, at 10:00 W. Europe Standard Time.お知らせ • Jun 13Psi Software SE Appoints Erol Bozak as Chief Technology OfficerPSI Software SE appoints a Chief Technology Officer (CTO) for the first time and fills the position with Erol Bozak (50). His area of responsibility includes the central development team and the Research & Development activities. One of his focuses will be the cloud transformation of the PSI portfolio. With this strategic step, PSI underlines its commitment to innovation and technological excellence. Erol Bozak will report directly to the Executive Board. As co-founder and Chief Product Officer of Treasury Intelligence Solutions (TIS) GmbH since 2010, Erol Bozak built up one of the fastest growing fintech companies in Europe. Prior to that, he was Program Manager at SAP, driving Infrastructure-as-a-Service (IaaS) and cloud initiatives. The computer science graduate began his career in the Supply Chain Management department of Fraunhofer Gesellschaft. He holds an Executive MBA from Mannheim Business School and more than 40 patents granted in the USA in the areas of cloud computing, SaaS and Fintech.お知らせ • May 03PSI Software SE to Report Fiscal Year 2023 Final Results on Jun 04, 2024PSI Software SE announced that they will report fiscal year 2023 final results on Jun 04, 2024お知らせ • Dec 07+ 3 more updatesPSI Software SE to Report Q1, 2024 Results on Apr 30, 2024PSI Software SE announced that they will report Q1, 2024 results on Apr 30, 2024Reported Earnings • Oct 30Third quarter 2023 earnings released: EPS: €0.088 (vs €0.31 in 3Q 2022)Third quarter 2023 results: EPS: €0.088 (down from €0.31 in 3Q 2022). Revenue: €70.3m (up 11% from 3Q 2022). Net income: €1.36m (down 72% from 3Q 2022). Profit margin: 1.9% (down from 7.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.New Risk • Aug 01New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Dividend per share is over 6x cash flows per share. Dividend yield: 1.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Dividend per share is over 6x cash flows per share. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).New Risk • Jul 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 6.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).Reported Earnings • Jul 30Second quarter 2023 earnings released: €0.80 loss per share (vs €0.17 profit in 2Q 2022)Second quarter 2023 results: €0.80 loss per share (down from €0.17 profit in 2Q 2022). Revenue: €61.0m (up 4.4% from 2Q 2022). Net loss: €12.4m (down €15.1m from profit in 2Q 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.New Risk • Jul 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).Buying Opportunity • Jul 21Now 28% undervaluedOver the last 90 days, the stock is up 1.1%. The fair value is estimated to be €39.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.Upcoming Dividend • May 17Upcoming dividend of €0.40 per share at 1.3% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.6%).Buying Opportunity • Apr 11Now 20% undervaluedOver the last 90 days, the stock is up 9.3%. The fair value is estimated to be €32.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.Reported Earnings • Mar 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: €1.07 (up from €1.01 in FY 2021). Revenue: €261.6m (up 5.3% from FY 2021). Net income: €16.7m (up 5.7% from FY 2021). Profit margin: 6.4% (in line with FY 2021). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €28.95, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Software industry in Germany. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €26.64 per share.お知らせ • Dec 08+ 4 more updatesPSI Software AG to Report Fiscal Year 2022 Results on Mar 29, 2023PSI Software AG announced that they will report fiscal year 2022 results on Mar 29, 2023Price Target Changed • Nov 28Price target decreased to €38.20Down from €43.45, the current price target is an average from 6 analysts. New target price is 67% above last closing price of €22.90. Stock is down 46% over the past year. The company is forecast to post earnings per share of €0.87 for next year compared to €1.01 last year.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: €0.31 (vs €0.26 in 3Q 2021)Third quarter 2022 results: EPS: €0.31 (up from €0.26 in 3Q 2021). Revenue: €69.0m (up 14% from 3Q 2021). Net income: €4.87m (up 20% from 3Q 2021). Profit margin: 7.1% (up from 6.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to €23.30, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Software industry in Germany. Total returns to shareholders of 27% over the past three years.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: €0.17 (vs €0.25 in 2Q 2021)Second quarter 2022 results: EPS: €0.17 (down from €0.25 in 2Q 2021). Revenue: €60.9m (flat on 2Q 2021). Net income: €2.68m (down 31% from 2Q 2021). Profit margin: 4.4% (down from 6.4% in 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 7.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €24.80, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Software industry in Germany. Total returns to shareholders of 48% over the past three years.Upcoming Dividend • May 13Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (2.0%).Valuation Update With 7 Day Price Move • Feb 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €34.80, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 29x in the Software industry in Germany. Total returns to shareholders of 124% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €51.14 per share.Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €38.60, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 29x in the Software industry in Germany. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €51.90 per share.Price Target Changed • Nov 30Price target increased to €45.20Up from €40.83, the current price target is an average from 6 analysts. New target price is 6.6% above last closing price of €42.40. Stock is up 76% over the past year. The company is forecast to post earnings per share of €1.09 for next year compared to €0.66 last year.Price Target Changed • Nov 23Price target increased to €43.17Up from €39.10, the current price target is an average from 6 analysts. New target price is 5.3% below last closing price of €45.60. Stock is up 94% over the past year. The company is forecast to post earnings per share of €1.09 for next year compared to €0.66 last year.Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS €0.26 (vs €0.14 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €60.5m (up 13% from 3Q 2020). Net income: €4.06m (up 82% from 3Q 2020). Profit margin: 6.7% (up from 4.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Nov 01Price target increased to €39.10Up from €34.04, the current price target is an average from 6 analysts. New target price is 6.2% below last closing price of €41.70. Stock is up 73% over the past year. The company is forecast to post earnings per share of €1.13 for next year compared to €0.66 last year.Price Target Changed • Aug 20Price target increased to €35.35Up from €32.63, the current price target is an average from 6 analysts. New target price is 13% below last closing price of €40.70. Stock is up 97% over the past year.Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS €0.25 (vs €0.14 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €63.8m (up 18% from 2Q 2020). Net income: €3.90m (up 76% from 2Q 2020). Profit margin: 6.1% (up from 4.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to €39.60, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 36x in the Software industry in Germany. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €34.89 per share.Executive Departure • Jul 01CFO & Member of Executive Board Harald Fuchs has left the companyDuring their tenure, the company went from making losses to turning a profit. On the 30th of June, Harald Fuchs left the company after 8.0 in the role. As of March 2021, Harald still personally held 7.02k shares (€117k worth at the time). Harald is the only executive to leave the company over the last 12 months.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to €33.60, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 33x in the Software industry in Germany. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €37.88 per share.Price Target Changed • Jun 07Price target increased to €32.63Up from €30.10, the current price target is an average from 6 analysts. New target price is 13% above last closing price of €29.00. Stock is up 32% over the past year.Upcoming Dividend • May 13Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 25 May 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).Price Target Changed • May 06Price target increased to €30.43Up from €28.38, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €30.90. Stock is up 57% over the past year.Reported Earnings • May 01First quarter 2021 earnings released: EPS €0.20 (vs €0.096 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €59.0m (up 16% from 1Q 2020). Net income: €3.14m (up 108% from 1Q 2020). Profit margin: 5.3% (up from 3.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Apr 01Price target increased to €28.38Up from €25.04, the current price target is an average from 6 analysts. New target price is 6.3% above last closing price of €26.70. Stock is up 56% over the past year.Reported Earnings • Mar 26Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €217.8m (down 3.3% from FY 2019). Net income: €10.3m (down 28% from FY 2019). Profit margin: 4.7% (down from 6.3% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 20% share price gain to €35.30, the stock is trading at a trailing P/E ratio of 40x, up from the previous P/E ratio of 33.5x. This compares to an average P/E of 33x in the Software industry in Germany. Total returns to shareholders over the past three years are 106%.Is New 90 Day High Low • Feb 16New 90-day high: €31.90The company is up 36% from its price of €23.50 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.87 per share.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to €30.70, the stock is trading at a trailing P/E ratio of 37x, up from the previous P/E ratio of 32.1x. This compares to an average P/E of 26x in the Software industry in Germany. Total returns to shareholders over the past three years are 56%.Is New 90 Day High Low • Jan 15New 90-day high: €27.80The company is up 1.0% from its price of €27.50 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.73 per share.お知らせ • Nov 21+ 5 more updatesPSI Software AG Announces Management Changes, Effective July 1, 2021Effective 1 July 2021, Gunnar Glöckner has been appointed to the Management Board of PSI Software AG as Chief Financial Officer. He succeeds Harald Fuchs. As the company already announced on 31 July 2020, Harald Fuchs will leave the company at the end of his contract on 30 June 2021. Gunnar Glöckner, certified public accountant and graduate in business administration, has been working for an international auditing company for 25 years. He joined the partnership in 2006.Price Target Changed • Nov 02Price target raised to €24.74Up from €22.98, the current price target is an average from 5 analysts. The new target price is close to the current share price of €23.80. As of last close, the stock is up 27% over the past year.Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS €0.14The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: €53.3m (flat on 3Q 2019). Net income: €2.24m (down 19% from 3Q 2019). Profit margin: 4.2% (down from 5.2% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.お知らせ • Oct 17PSI Software AG (XTRA:PSAN) acquired NEPLAN AG.PSI Software AG (XTRA:PSAN) acquired NEPLAN AG on October 16, 2020. For the year ended December 31, 2019, NEPLAN AG reported total revenue of €3.8 million. PSI Software AG (XTRA:PSAN) completed the acquisition of NEPLAN AG on October 16, 2020.Is New 90 Day High Low • Oct 16New 90-day high: €27.50The company is up 13% from its price of €24.40 on 17 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.27 per share.決済の安定と成長配当データの取得安定した配当: PSANの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: PSANの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場PSI Software 配当利回り対市場PSAN 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (PSAN)0%市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (Software)1.7%アナリスト予想 (PSAN) (最長3年)1.3%注目すべき配当: PSANは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: PSANは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: PSAN German市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: PSANが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 23:57終値2026/05/22 00:00収益2025/09/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋PSI Software SE 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Jean Didier BeauboisBerenbergJürgen MichelsCitigroup IncAlexander KarnickDeutsche Bank11 その他のアナリストを表示
Upcoming Dividend • May 17Upcoming dividend of €0.40 per share at 1.3% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.6%).
Upcoming Dividend • May 13Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (2.0%).
Upcoming Dividend • May 13Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 25 May 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).
Price Target Changed • May 21Price target increased by 8.4% to €45.00Up from €41.50, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €45.30. The company is forecast to post a net loss per share of €1.40 next year compared to a net loss per share of €1.40 last year.
お知らせ • Oct 13Warburg Pincus LLC proposed to acquire an additional 82.23% stake in PSI Software SE (XTRA:PSAN) for approximately €570 million.Warburg Pincus LLC proposed to acquire an additional 82.23% stake in PSI Software SE (XTRA:PSAN) for approximately €570 million on October 13, 2025. A cash consideration valued at €45 per share will be paid by Warburg Pincus LLC. As part of consideration, an undisclosed value is paid towards common equity of PSI Software SE. The Management Board and the Supervisory Board of PSI support the Offer and intend, subject to their review of the Offer Document yet to be published by Warburg Pincus as part of their fiduciary duties, to recommend the acceptance of the Offer to PSI's shareholders. The Offer will be subject to a minimum acceptance threshold of 50 percent plus one share with the shares owned by E.ON being considered for purposes of such threshold and usual Offer conditions, including the receipt of regulatory clearances with closing expected in first half of 2026. The transaction is fully funded with equity and debt financing in place. The final terms and conditions will be set out in the Offer Document, which is subject to permission by BaFin. Goldman Sachs Bank Europe SE acted as financial advisor for PSI Software SE. Linklaters Oppenhoff & Rädler acted as legal advisor for PSI Software SE. J.P. Morgan SE acted as financial advisor for Warburg Pincus LLC. Kirkland & Ellis, Germany acted as legal advisor for Warburg Pincus LLC.
お知らせ • Oct 11PSI Software in Talks over Takeover OfferGerman software solutions maker PSI Software SE (XTRA:PSAN) is in advanced discussions over a potential takeover offer with three parties, the company said on October 10, 2025, confirming a media report. PSI said it is in talks with private equity firms Thoma Bravo (Thoma Bravo, L.P.), HgCapital (HgCapital LLP) and Warburg Pincus (Warburg Pincus LLC) regarding an investment agreement. It is currently not clear which of the interested parties will make a takeover offer and whether an offer will be made at all.
お知らせ • Apr 11PSI Software SE, Annual General Meeting, May 20, 2025PSI Software SE, Annual General Meeting, May 20, 2025, at 10:00 W. Europe Standard Time.
お知らせ • Mar 27PSI Software SE Provides Earnings Guidance for the Year 2025PSI Software SE provides earnings guidance for the year 2025. For the year, the company expects growth in new orders and sales of around 10%.
お知らせ • Mar 23PSI Software SE to Report Fiscal Year 2024 Results on Mar 27, 2025PSI Software SE announced that they will report fiscal year 2024 results on Mar 27, 2025
お知らせ • Mar 22+ 2 more updatesPSI Software SE to Report First Half, 2025 Results on Jul 31, 2025PSI Software SE announced that they will report first half, 2025 results on Jul 31, 2025
お知らせ • Mar 07Altamount Software GmbH completed the acquisition of PSI Transcom GmbH from PSI Software SE (XTRA:PSAN).Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on December 21, 2024. The parties have agreed not to disclose the purchase price of the transaction until the closing of the share transfer. Closing of the transaction requires the approval of the Federal Ministry for Economics Affairs and Climate Action. The transaction is expected to complete in first quarter of 2025. PricewaterhouseCoopers Transaction Services Germany acted as financial advisor and PricewaterhouseCoopers Legal Aktiengesellschaft Rechtsanwaltsgesellschaft acted as legal advisor to PSI Software SE. Altamount Software GmbH completed the acquisition of PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on March 5, 2025.
お知らせ • Dec 23Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN).Altamount Software GmbH agreed to acquire PSI Transcom GmbH from PSI Software SE (XTRA:PSAN) on December 23, 2024.
お知らせ • Nov 11PSI Software SE Appoints Georg Tacke to the Supervisory BoardPSI Software SE announced that following the proposal of supervisory board and management board, Dr. Georg Tacke has been appointed as supervisory board member by the Local Court of Berlin-Charlottenburg (Amtsgericht Berlin-Charlottenburg) with immediate effect. It became necessary after the long-standing Chairman of the Supervisory Board of PSI Software SE, Mr. Karsten Trippel, was no longer available for a further term on the Supervisory Board. Dr. Georg Tacke was CEO of the management consultancy Simon-Kucher & Partners from 2009 to 2019 and is currently a Senior Advisor to the company. He has more than 30 years of consulting experience, primarily in the B2B sector. His areas of expertise include growth strategy, sales and pricing. He is well known as one of the top pricing experts and supports numerous CEOs and management boards as a personal consultant and coach. Dr. Georg Tacke holds a Master's degree in business administration and a PhD from the University of Bielefeld. He also studied and conducted research as a visiting scholar at the Stanford Business School.
Reported Earnings • Nov 01Third quarter 2024 earnings released: €0.12 loss per share (vs €0.088 profit in 3Q 2023)Third quarter 2024 results: €0.12 loss per share (down from €0.088 profit in 3Q 2023). Revenue: €72.3m (up 11% from 3Q 2023). Net loss: €1.86m (down 237% from profit in 3Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • Sep 11Second quarter 2024 earnings released: €0.40 loss per share (vs €0.80 loss in 2Q 2023)Second quarter 2024 results: €0.40 loss per share (improved from €0.80 loss in 2Q 2023). Revenue: €64.4m (up 5.5% from 2Q 2023). Net loss: €6.19m (loss narrowed 50% from 2Q 2023). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 30PSI Software SE Provides Earnings Guidance for the Full Year of 2024PSI Software SE provided earnings guidance for the full year of 2024. The Executive Board expects, taking into account the negative effects of the cyberattack, a reduction in sales of around EUR 20 million to EUR 30 million and a negative operating result in the upper single-digit to lower double-digit million range for the full year.
お知らせ • Jul 30PSI Software SE Announces Appointment of Uwe Hack as Its New ChairmanThe Supervisory Board of PSI Software SE has elected Dr. Uwe Hack as its new Chairman at its constituent meeting following today's Annual General Meeting. Dr. Hack succeeds Mr. Karsten Trippel, who was no longer available for a further term on the Supervisory Board.
お知らせ • Jul 26PSI Software SE Announces Retirement of Karsten Trippel as Chairman of the Supervisory BoardPSI Software SE announced the current chairman of the supervisory board of the company Mr. Karsten Trippel, will not be available for a further term of office on the supervisory board. The Supervisory Board's proposed resolution on agenda item 6.1 to elect Mr. Trippel to the Supervisory Board for a further term of office at the upcoming Annual General Meeting of PSI on July 26, 2024 will therefore not be put to the vote. Mr. Trippel's current term of office until the end of the Annual General Meeting on July 26, 2024 and his current chairmanship of the Supervisory Board remain unaffected by this.
Price Target Changed • Jul 01Price target decreased by 7.4% to €30.18Down from €32.58, the current price target is an average from 6 analysts. New target price is 39% above last closing price of €21.70. Stock is down 33% over the past year. The company is forecast to post a net loss per share of €0.59 next year compared to a net loss per share of €0.047 last year.
お知らせ • Jun 20PSI Software SE, Annual General Meeting, Jul 26, 2024PSI Software SE, Annual General Meeting, Jul 26, 2024, at 10:00 W. Europe Standard Time.
お知らせ • Jun 13Psi Software SE Appoints Erol Bozak as Chief Technology OfficerPSI Software SE appoints a Chief Technology Officer (CTO) for the first time and fills the position with Erol Bozak (50). His area of responsibility includes the central development team and the Research & Development activities. One of his focuses will be the cloud transformation of the PSI portfolio. With this strategic step, PSI underlines its commitment to innovation and technological excellence. Erol Bozak will report directly to the Executive Board. As co-founder and Chief Product Officer of Treasury Intelligence Solutions (TIS) GmbH since 2010, Erol Bozak built up one of the fastest growing fintech companies in Europe. Prior to that, he was Program Manager at SAP, driving Infrastructure-as-a-Service (IaaS) and cloud initiatives. The computer science graduate began his career in the Supply Chain Management department of Fraunhofer Gesellschaft. He holds an Executive MBA from Mannheim Business School and more than 40 patents granted in the USA in the areas of cloud computing, SaaS and Fintech.
お知らせ • May 03PSI Software SE to Report Fiscal Year 2023 Final Results on Jun 04, 2024PSI Software SE announced that they will report fiscal year 2023 final results on Jun 04, 2024
お知らせ • Dec 07+ 3 more updatesPSI Software SE to Report Q1, 2024 Results on Apr 30, 2024PSI Software SE announced that they will report Q1, 2024 results on Apr 30, 2024
Reported Earnings • Oct 30Third quarter 2023 earnings released: EPS: €0.088 (vs €0.31 in 3Q 2022)Third quarter 2023 results: EPS: €0.088 (down from €0.31 in 3Q 2022). Revenue: €70.3m (up 11% from 3Q 2022). Net income: €1.36m (down 72% from 3Q 2022). Profit margin: 1.9% (down from 7.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
New Risk • Aug 01New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Dividend per share is over 6x cash flows per share. Dividend yield: 1.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Dividend per share is over 6x cash flows per share. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).
New Risk • Jul 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 6.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin).
Reported Earnings • Jul 30Second quarter 2023 earnings released: €0.80 loss per share (vs €0.17 profit in 2Q 2022)Second quarter 2023 results: €0.80 loss per share (down from €0.17 profit in 2Q 2022). Revenue: €61.0m (up 4.4% from 2Q 2022). Net loss: €12.4m (down €15.1m from profit in 2Q 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
New Risk • Jul 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).
Buying Opportunity • Jul 21Now 28% undervaluedOver the last 90 days, the stock is up 1.1%. The fair value is estimated to be €39.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.
Upcoming Dividend • May 17Upcoming dividend of €0.40 per share at 1.3% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.6%).
Buying Opportunity • Apr 11Now 20% undervaluedOver the last 90 days, the stock is up 9.3%. The fair value is estimated to be €32.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.
Reported Earnings • Mar 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: €1.07 (up from €1.01 in FY 2021). Revenue: €261.6m (up 5.3% from FY 2021). Net income: €16.7m (up 5.7% from FY 2021). Profit margin: 6.4% (in line with FY 2021). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €28.95, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Software industry in Germany. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €26.64 per share.
お知らせ • Dec 08+ 4 more updatesPSI Software AG to Report Fiscal Year 2022 Results on Mar 29, 2023PSI Software AG announced that they will report fiscal year 2022 results on Mar 29, 2023
Price Target Changed • Nov 28Price target decreased to €38.20Down from €43.45, the current price target is an average from 6 analysts. New target price is 67% above last closing price of €22.90. Stock is down 46% over the past year. The company is forecast to post earnings per share of €0.87 for next year compared to €1.01 last year.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: €0.31 (vs €0.26 in 3Q 2021)Third quarter 2022 results: EPS: €0.31 (up from €0.26 in 3Q 2021). Revenue: €69.0m (up 14% from 3Q 2021). Net income: €4.87m (up 20% from 3Q 2021). Profit margin: 7.1% (up from 6.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to €23.30, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Software industry in Germany. Total returns to shareholders of 27% over the past three years.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: €0.17 (vs €0.25 in 2Q 2021)Second quarter 2022 results: EPS: €0.17 (down from €0.25 in 2Q 2021). Revenue: €60.9m (flat on 2Q 2021). Net income: €2.68m (down 31% from 2Q 2021). Profit margin: 4.4% (down from 6.4% in 2Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 7.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €24.80, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Software industry in Germany. Total returns to shareholders of 48% over the past three years.
Upcoming Dividend • May 13Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (2.0%).
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €34.80, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 29x in the Software industry in Germany. Total returns to shareholders of 124% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €51.14 per share.
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €38.60, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 29x in the Software industry in Germany. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €51.90 per share.
Price Target Changed • Nov 30Price target increased to €45.20Up from €40.83, the current price target is an average from 6 analysts. New target price is 6.6% above last closing price of €42.40. Stock is up 76% over the past year. The company is forecast to post earnings per share of €1.09 for next year compared to €0.66 last year.
Price Target Changed • Nov 23Price target increased to €43.17Up from €39.10, the current price target is an average from 6 analysts. New target price is 5.3% below last closing price of €45.60. Stock is up 94% over the past year. The company is forecast to post earnings per share of €1.09 for next year compared to €0.66 last year.
Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS €0.26 (vs €0.14 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €60.5m (up 13% from 3Q 2020). Net income: €4.06m (up 82% from 3Q 2020). Profit margin: 6.7% (up from 4.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Nov 01Price target increased to €39.10Up from €34.04, the current price target is an average from 6 analysts. New target price is 6.2% below last closing price of €41.70. Stock is up 73% over the past year. The company is forecast to post earnings per share of €1.13 for next year compared to €0.66 last year.
Price Target Changed • Aug 20Price target increased to €35.35Up from €32.63, the current price target is an average from 6 analysts. New target price is 13% below last closing price of €40.70. Stock is up 97% over the past year.
Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS €0.25 (vs €0.14 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €63.8m (up 18% from 2Q 2020). Net income: €3.90m (up 76% from 2Q 2020). Profit margin: 6.1% (up from 4.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to €39.60, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 36x in the Software industry in Germany. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €34.89 per share.
Executive Departure • Jul 01CFO & Member of Executive Board Harald Fuchs has left the companyDuring their tenure, the company went from making losses to turning a profit. On the 30th of June, Harald Fuchs left the company after 8.0 in the role. As of March 2021, Harald still personally held 7.02k shares (€117k worth at the time). Harald is the only executive to leave the company over the last 12 months.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to €33.60, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 33x in the Software industry in Germany. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €37.88 per share.
Price Target Changed • Jun 07Price target increased to €32.63Up from €30.10, the current price target is an average from 6 analysts. New target price is 13% above last closing price of €29.00. Stock is up 32% over the past year.
Upcoming Dividend • May 13Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 25 May 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).
Price Target Changed • May 06Price target increased to €30.43Up from €28.38, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €30.90. Stock is up 57% over the past year.
Reported Earnings • May 01First quarter 2021 earnings released: EPS €0.20 (vs €0.096 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €59.0m (up 16% from 1Q 2020). Net income: €3.14m (up 108% from 1Q 2020). Profit margin: 5.3% (up from 3.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Apr 01Price target increased to €28.38Up from €25.04, the current price target is an average from 6 analysts. New target price is 6.3% above last closing price of €26.70. Stock is up 56% over the past year.
Reported Earnings • Mar 26Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €217.8m (down 3.3% from FY 2019). Net income: €10.3m (down 28% from FY 2019). Profit margin: 4.7% (down from 6.3% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 20% share price gain to €35.30, the stock is trading at a trailing P/E ratio of 40x, up from the previous P/E ratio of 33.5x. This compares to an average P/E of 33x in the Software industry in Germany. Total returns to shareholders over the past three years are 106%.
Is New 90 Day High Low • Feb 16New 90-day high: €31.90The company is up 36% from its price of €23.50 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.87 per share.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to €30.70, the stock is trading at a trailing P/E ratio of 37x, up from the previous P/E ratio of 32.1x. This compares to an average P/E of 26x in the Software industry in Germany. Total returns to shareholders over the past three years are 56%.
Is New 90 Day High Low • Jan 15New 90-day high: €27.80The company is up 1.0% from its price of €27.50 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.73 per share.
お知らせ • Nov 21+ 5 more updatesPSI Software AG Announces Management Changes, Effective July 1, 2021Effective 1 July 2021, Gunnar Glöckner has been appointed to the Management Board of PSI Software AG as Chief Financial Officer. He succeeds Harald Fuchs. As the company already announced on 31 July 2020, Harald Fuchs will leave the company at the end of his contract on 30 June 2021. Gunnar Glöckner, certified public accountant and graduate in business administration, has been working for an international auditing company for 25 years. He joined the partnership in 2006.
Price Target Changed • Nov 02Price target raised to €24.74Up from €22.98, the current price target is an average from 5 analysts. The new target price is close to the current share price of €23.80. As of last close, the stock is up 27% over the past year.
Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS €0.14The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: €53.3m (flat on 3Q 2019). Net income: €2.24m (down 19% from 3Q 2019). Profit margin: 4.2% (down from 5.2% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.
お知らせ • Oct 17PSI Software AG (XTRA:PSAN) acquired NEPLAN AG.PSI Software AG (XTRA:PSAN) acquired NEPLAN AG on October 16, 2020. For the year ended December 31, 2019, NEPLAN AG reported total revenue of €3.8 million. PSI Software AG (XTRA:PSAN) completed the acquisition of NEPLAN AG on October 16, 2020.
Is New 90 Day High Low • Oct 16New 90-day high: €27.50The company is up 13% from its price of €24.40 on 17 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.27 per share.